Bulletin
Transformation of Netia’s subsidiary (9/2008)
WARSAW, Poland, February 21, 2008: Netia SA (“Netia”), Poland’s largest alternative provider of fixed-line telecommunications services, today announced that on February 20, 2008 Warsaw Regional Court registered the transformation of Netia’s subsidiary, Netia Mobile Sp. z o.o. (a limited liability company), into Netia Spółka Akcyjna UMTS a limited joint stock partnership (spółka komandytowo - akcyjna).
The share capital of the transformed company totals PLN 9,180,000 and is divided into 18,360 common registered shares with a nominal value of PLN 500 (five hundred) each. Of these 18,360 shares:
Netia will hold 18,359 shares with a total nominal value of PLN 9,179,500 (nine million, one hundred and seventy nine thousand, five hundred), which will amount to 99.99% of the share capital and 99.99% of the votes at the meetings of the shareholders of the company;
InterNetia, a limited liability company and a subsidiary of Netia, will hold 1 share with a nominal value of PLN 500 (five hundred), which will amount to 0.01% of the share capital and 0.01% of the votes at the meetings of the shareholders of the company.
Netia will be the general partner in the transformed company, i.e. the partner liable without limitation for the obligations of the transformed company.
The goal of this transformation is the restructuring of some of the companies of Netia Group.
Due to the share capital of the transformed company exceeding EUR 500,000 Netia is required by law to publish information regarding the changes outlined above.
Legal basis: §5 section 1.9 o the Regulation of the Minister of Finance on the Current and Periodic Disclosures to be Made by Issuers of Securities dated 19 October 2005 (Journal of Laws of 2005, No. 209, item 1744).